Alexandria Container and Cargo Handling’s net income fell 2% y-o-y to EGP 3.4 bn during the first half of FY 2025/26, according to the company’s latest unaudited financial statement (pdf). Revenues for the six-month period dipped 4% y-o-y to EGP 3.8 bn, while gross income saw a 6% y-o-y decline to EGP 2.88 bn. Despite the lower financial figures, actual container throughput saw a 5% y-o-y increase during the period.

The company attributed the top- and bottom-line declines to a reduction in storage revenues. While handling volumes grew, the drop in storage-related income — often a higher-margin service — weighed on overall profitability.